(Il Sole 24 Ore Radiocor) - Milano, 7 mag - Poste Italiane, the Italian banking and postal service group, said that in the first quarter its net profit rose 3.3% year on year to 617 million euros on higher revenue and operating profits.

Revenue grew 8.0% to 3.5 billion euros and adjusted EBIT rose to a record 905 million euros, up 13.6%.

The company increased its adjusted EBIT guidance for 2026 to 3.4 billion euros.

On July 24, Poste will be unveiling its 2026-2030 standalone plan, alongside its second-quarter results.

Poste said the takeover of the telecommunications group TIM is expected to close by the end of the third quarter.

"The financial profile of the proposed transaction is extremely strong, with positive EPS impact from 2027, rising.

to doubledigit accretion from 2028," it added.

(RADIOCOR) 07-05-26 11:34:19 (0372) 5 NNNN